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Administrators Deloitte have confirmed that HMV is set to shut 66 stores across the country.

The decline of HMV has been sad, painful and inevitable. Struggling to maintain its debt, the historic high street brand was placed into administration in the opening weeks of 2013. Deloitte took control of the firm, and are in talks with Hilco following a successful re-structuring operation with HMV Canada.

Analysing the chain's accounts, it became clear that some shops would - sadly - close their doors. Today the finance firm confirmed that 66 branches of HMV will be shutting up shop.

In all, some 960 jobs will be affected although no fixed date has been set for the closures.

"This step has been taken in order to enhance the prospects of securing the business' future as a going concern," Nick Edwards, joint administrator at Deloitte, said. "We continue to receive strong support from staff and are extremely grateful to them for their commitment during an understandably difficult period. All other key stakeholders remain very supportive and I continue to be hopeful of securing a future for the restructured business."